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The table below shows weekly calculations of market conditions for single-family* dwellings by price range in zip code 77027. Months inventory estimates the number of months it will take to deplete current active inventory based on the prior twelve months sales activity. Updates: TUESDAY

2006 | 2005 | 2004 | Combined


Buyer's market Slightly soft market Normal market Slightly strong market Seller's market
12+ months 11 months 9-10 months 8 months < 8 months

 


Afton Oaks Area (77027) Market Conditions and Current Inventory (in months)
for price ranges with at least five sales in previous 12 months OR ten+ currently available properties

2007 >$2M $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG
JAN 2 - 9.12 10.00 5.33 4.00 4.00 0.48 2.88 0.00 - 4.50
JAN 9 - 8.64 11.00 9.33 4.00 4.00 0.48 2.77 0.00 - 4.74
JAN16 - 8.16 11.00 9.60 3.00 4.00 0.48 2.77 0.00 - 4.62
JAN23 - 7.20 12.00 7.20 4.00 4.80 0.48 2.88 0.00 - 4.54
JAN30 - 7.50 12.00 7.20 4.62 4.00 0.48 3.00 0.00 - 4.63
FEB 6 60.00 8.00 13.00 3.60 3.69 4.00 0.50 2.50 0.00 - 5.25
FEB13 60.00 8.00 13.00 3.27 3.43 3.00 0.50 1.92 0.00 - 4.95
FEB20 - 6.92 12.00 3.27 2.40 2.00 0.50 2.09 0.00 - 3.69
FEB27 60.00 7.85 10.00 3.00 2.40 2.77 0.48 2.61 0.00 - 4.62
MAR 6 60.00 7.11 9.00 3.27 3.43 3.69 1.71 2.73 0.00 - 5.02
MAR13 60.00 7.56 9.00 3.27 3.43 2.77 2.29 3.13 0.00 - 5.17
MAR20 - 7.56 9.00 3.27 3.43 2.57 3.60 3.13 0.00 - 4.54
MAR27 72.00 6.46 9.00 3.27 0.92 2.77 4.80 3.00 0.00 - 5.29
APR 3 60.00 6.00 10.15 3.00 0.86 3.69 5.40 3.65 0.00 - 5.40
APR10 66.00 8.56 10.15 4.00 0.80 1.85 4.20 3.65 0.00 - 6.00
APR17 78.00 5.54 10.00 4.00 0.86 1.85 3.60 4.17 0.00 - 5.25
APR24 78.00 6.00 10.00 3.00 1.50 1.71 3.60 3.65 0.00 - 5.13
MAY 1 78.00 6.46 10.80 3.00 2.25 1.85 3.79 2.18 0.00 - 5.14
MAY 8 72.00 6.22 9.60 2.00 1.50 1.85 4.67 3.27 0.00 - 5.05
MAY15 72.00 6.67 6.00 1.00 2.40 3.69 4.67 4.00 0.00 - 5.28
MAY22 48.00 6.72 5.54 1.00 2.57 3.69 4.00 5.14 0.00 - 5.32
MAY29 48.00 6.72 5.54 0.92 2.40 1.85 4.94 3.13 0.00 - 4.82
JUN 5 52.00 7.20 4.80 1.71 1.71 1.85 4.50 3.65 0.00 - 5.01
JUN12 44.00 8.31 5.14 1.60 0.75 3.69 4.80 2.09 0.00 - 4.84
JUN19 40.00 9.23 3.20 0.80 1.50 0.92 4.62 3.13 0.00 - 4.59
JUN26 44.00 8.77 4.00 0.80 1.41 0.92 3.69 2.09 0.00 - 4.37
JUL 3 44.00 9.60 3.20 0.86 1.41 0.80 3.43 1.57 0.00 - 4.28
JUL10 52.00 9.60 4.00 0.86 1.41 1.60 2.40 1.57 0.00 - 4.52
JUL17 48.00 8.77 4.00 0.92 6.00 2.40 1.60 2.09 - - 5.14
JUL24 36.00 8.31 4.00 0.92 6.00 2.40 1.60 2.09 - - 5.01
SEP 4 33.60 8.14 2.53 0.92 6.40 0.00 1.20 1.38 - - 4.55
SEP11 28.00 8.14 2.53 0.92 5.60 0.75 2.40 1.38 - - 4.60
SEP18 26.00 9.43 2.40 0.00 4.80 0.75 2.67 0.92 - - 4.51
SEP25 24.00 9.43 2.40 0.92 4.00 0.75 2.67 0.86 - - 4.35
OCT 2 24.00 10.22 2.53 1.85 4.00 0.00 2.67 0.44 - - 4.41
OCT 9 26.00 10.22 2.53 2.77 4.24 1.50 6.00 0.44 - - 5.05
OCT16 31.20 9.78 2.40 2.77 4.94 0.75 4.50 0.43 - - 4.84
OCT23 28.80 9.86 2.40 3.00 4.24 0.75 4.50 0.43 - - 4.75
OCT30 21.60 9.43 3.16 3.00 4.67 1.50 4.50 0.43 - - 4.66
NOV 6 21.60 9.86 2.53 4.00 4.00 1.60 3.43 0.44 - - 4.67
NOV13 21.60 9.86 2.67 4.00 4.00 2.25 3.43 0.44 - - 4.76
NOV20 24.00 10.56 2.67 4.36 4.00 2.25 1.71 0.46 - - 4.86
NOV27 20.00 10.08 2.67 4.36 4.00 1.50 1.71 0.46 - - 4.63
DEC 4 21.60 10.15 2.53 3.27 2.67 1.50 0.00 0.96 - - 4.28
DEC11 15.43 10.15 3.75 2.40 2.67 1.50 0.00 0.48 - - 4.22
DEC18 13.71 8.77 4.29 1.33 2.53 0.86 0.00 0.48 - - 3.74
DEC25 13.71 8.00 4.29 1.20 2.40 1.60 2.18 0.55 - - 3.80
- >$2M $1M-$1.99M $800-$999K $700-$799K $600-$699K $500-$599K $400-$499K $300-$399K $200-$299K $100-$199K Weighted
AVG


* This data does not include townhouses, condos, high-rises or lofts, but does include patio homes.
DISCLAIMER: This information is compiled from the Houston Association of Realtors MLS database. It is considered generally reliable but not guaranteed.

Thanks to Ted C. Jones, Senior Vice President and Chief Economist for Stewart Title Guaranty Co. for providing the formula to determine market condition.


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West U Real Estate LLC
1919A Harold St.
Houston, TX  77098
Telephone: (713) 522-4953
E-mail: judythompson@att.net

All information is deemed reliable but not guaranteed and should be independently verified.

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